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? the private economy did well up 3.4%. it was the government economy that fell. i would like to see us finishing the spending cuts of the government. shrink the government more. grow the private economy by 5%. that is my vision. now there is more bad news for new jersey senator bob menendez as the fbi raids the offices of one of his close financial backers. will it present key evidence in the alleged prostitution scandal surrounding the senator. it's all unconfirmed but the potential legal fallout is huge. >>> israel takes no chances. the air force launches two air strikes in syria preventing the assad regime from transporting chemicals and weapons of mass destruction to hezbollah. if the red line is crossed israel will attack again. we cover it all. "the kudlow report" begins now. first up we learned today the fourth quarter gdp fell slightly, much to everybody's surprise. so the white house is blaming republicans for the fiscal tax cliff and the spending sequester which i think is hilarious. they invented the sequester. we have had tax, spend and regulate policies for four years. why
'm christine romans and this is "your money." ali velshi is off this week. the economy looks like it's ready to take off, 157,000 new jobs added in january. the unemployment rate rising slightly to 7.9% from 7.8%. there's room for improvement. but it continues a trend. now 28 months strong. a trend of more jobs added every month. stocks are soaring with the s&p 500 a good example of what americans are holding in their 401st and i.r.a.s crossing the 1,500 threshold since 2008. and housing that helped fuel that recession, it looks like it's making a comeback. 2012 was the best year in real estate for five years. home prices jumped 5.5% year over year in november. that's the biggest in six years. with interest rates on six-year lows, you can get 3.5% on a 30-year fixed mortgage. home price should continue to go up. it's not all positive. gross domestic product shrank for the first time in three years coming down ever so slightly by 0.1% in the fourth quarter of 2012. with stocks and housing looking up, why should gdp come down? blame it on washington. showdowns on capitol hill over fiscal cliff
, minus one, plus one. all that is a power point. our economy is sluggish today, and there's no reason for it. we have a wonderful country. we have great resources, we still have a free world, the opportunity to move forward. here's my message to the leadership in washington, get in the game. >> thank you. >> join us on monday. have a great weekend. "squawk on the street" starts right now. >>> we have breaking news on this jobs friday. welcome to "squawk on the street." i'm melissa lee, with carl quintanilla and david faber. we're closing in on 14,000. a leg higher in futures just moments ago. the dow looking at 112 points at the open. the s&p 500 looking at about 11 at the open. of course, this is after the best month for january, since january of 1987. as for the picture over in europe, taking the lead from here in the united states in terms of gains, we do see the cap up by 1.3%, and the dax in germany up .6 of 1%. in asia, the real star is the nikkei, embarking on 12-week winning streak with the yen weakening down to 92 versus the u.s. dollar. of course, the road map here starts wi
a handle on the economy. let's run through a couple examples. on wednesday reports emerged that the economy contracted for the first time this three he years. yesterday applications for jobless benefits jobbed by more than 38,000 in a week, topping out at 368,000. this news coincidentally came the same day team obama announced it is disbanding the jobs council and then the icing on the cake the unemployment rate back up to 7.9% and the number could easily be over 10% if the labor department didn't play with the number yous to suit the left wing. leslie is also a fox news contributor. hugh i will start with you. tough week for obama-nomics. what do you expect when you only spent 5.8 trillion bucks. >> may go down as the worst reek the recognition we are going into an obama recession and the president has turned his back on the nation's unemployed. the number going up to 7.9%. every where you you turn every arm of the obama administration is launching a war on jobs. every agency. the consequences are this are just beginning to show up and he is indifferent to this and going to shock a lot of
. >> and when you consider what happened is in the german economy in the fourth quarter, the headline gdp figures disappoint and yet the employment data looks okay. >> which is one of those things. we'll cure our eyes on the reaction to that. plenty of news to come, as well. plenty to come on the show. let's remind you what is on today. it's all about financials not just in europe and japan, but in india where the country's biggest lender has just posted number peps we'll be out to mumbai for a breakdown. >>> and what are the traders saying? at 10:45 european time, we'll have our eyes on stocks from the london trading floor. >> other indices around the world posted record indices around the world in january. >> and we'll explain more in a little bit. >>> first, deutsche bank shares are trading higher today after the group reported strong operating performance for its divisions in the fourth quarter, despite posting a heavy loss. the german euro booked a 1 million litigation charge which led to restructuring. in an analyst call, it was said the group does not need to issue more sales but l
their first meeting of 2013. investors watching carefully for any change in strategy to boost the economy. blackberry 10, research in motion is unveiling its latest and greatest device in hopes of saving the battered company. boeing, the dow component releasing quarterly results around 7:30 a.m. eastern time. we will have instant reaction and more on the dreamliner battery drama. and last but not least, the bulls going on another run. the dow jumping another 72 points to close just 46 points away from 14,000, just 210 points away from its all-time closing high. we have a big lineup covering the rally, the fed, and the economy this morning. >>> ed keon of quantitative management associates and dan greenhouse of btig will be serving up the markets for us. fed watchers will join us at 7:40 a.m. moody's chief economist, mark zanby will have the adp report at 8:15. >>> former national bureau chief marty feld stein will wrap it up at 8:40 a.m. eastern time. a big lineup. andrew, over to you. >> thank you. >>> the big news, the national transportation safety board is asking boeing for a full his
a new set of challenges after the commerce department reported yesterday that the nation's economy shrank for the first time since the great recession. >> how did that happen? >> well, government data shows the gross domestic product contracted at a .1% rate in the fourth quarter of 2012. it was the first decline since 2009. it put the white house on the defensive after months of touting steady job growth. >> there's more work to do, and our economy is facing a major headwind which goes to your point, and that's republicans in congress. talk about letting the sequester kick in, as though that were an acceptable thing belies where republicans were on this issue not that long ago, and it makes clear, again, that this is political brinksmanship of the kind that results in one primary victim, and that's american taxpayers, the american middle class. >> okay. what do you think is going on there, joe? >> i think what's going on is that we have spent more money as a government over the past four years than we have in the history of the republic. added $6 trillion in debt. and we have just
and down. and i think this has a lot to do with what i think you'll be talking about later, the economy is starting to rebound. people are slowly starting to get back into work. not looking dismal. they're not seeing the emergency measures for the economy like t.a.r.p. or the major stimulus and that has lowered the temperature on the right. in 2010 and 2011, when you looked at the republican party and when the republican party looked at itself, they thought, we are facing a permanent resolution on the right where if we don't vote this way, there will be another tea party challenger and another tea party challenger. although these efforts like karl rove's are getting started now, they're finding out there isn't an endless bench of tea party candidates that can win primaries. that has loosened it up for them to make a little bit of room on immigration reform. >> these election res important. they matter. and i think that republicans, you know, want to win senate seats. they want to win the presidency. >> political science 101, a party exit exists to get elected, right? >> but the question
, it says here? let's get a read on the state of the economy. at least it wasn't a -- that kind of rein. there's three of them. anyway, joining us for the next hour is bob bruska. that's fao -- >> no. you cannot. >> fao economics. as becky said at the top, things are going to go really well or the market is going to have an '87 crash. >> i like the binary outlook. >> everything you said was so good until you gout to that point. >> he usually wears one of these very clever ties. >> i'm not going to give him any -- >> there you go, joe. >> you didn't forget because you are getting up there. >> up there? >> close to his age. >> i have to put it out the night before. >> i lay my clothes out the night before, too. >> do you, really? >> oh, yeah, me, too. well, my wife is sleeping. i have to do that. >> all right. so did you, when you saw the down 0.1, what was your -- did you immediately explain it away? did you express shock, chagrin, angle, denial? >> no, i don't have an ee morm attachment to gdp -- >> you cover it long enough, and i cannot say that i don't have an emotional attachment to
. and eric are you tell meeg when the market closed down, over 14,000 said we have a bad economy today? >> what do you mean it cuts more spend something it doesn't cost anything to get on a telephone does it? >> corporate america proved they're doing fine. it's corporate america, private sector everybody on the right like my friend says should be creating jobs not the government's responsibility to create jobs why do we need a jobs council, gentlemen? >> it's the noft's responsibility to kill jobs. a plant in corpus christi killed by epa just this week. that sage hand in southwestern california listed going to shut down oil and gas exploration, kill off housing in colorado then let's talk about the see quest traigs that and medical device tax, 2.3% on gross rets. props biggest job killer kicked in. that is the government killing jobs. private sector doing best it can, but your president, your party are killing off jobs in this country. not the private sector that snot doing it's job. it's the federal government killing it. >> i want you to listen to, on wednesday, also, gdp number came
the economy faster or put more people back to work. the problem is we have a stalemate in washington. this week, we received the 50 estimate of america's economic growth and it reminded us that bad decisions in washington can get in the waive our economic progress. >> eric: the president blames republicans, the republicans blame the president. who is to blame? both? we have the chair of the foreign pac and outreach director for john mccain for president and a congressman from pennsylvania. ford, you heard the litany from the president. after all, he is the commander in chief. he is the president... in charge? >> the president is the biggest obstac toll private-sector job growth in america right now. he seem, to we can tax, spend and regulate ourselves to prosperity. the private sector is asking for certainty. because the president doesn't want to pass a budget or modernize spending for bietlements. he is the big issue. it is up to him to take a long look in the mirror. i agree that congress has played a role. he needs to stop worrying about destroying republicans and start worrying a
economy. ordinary folks, they do their jobs. the notion that our elected leadership can't do the same thing is mind boggling to him. it needs to stop. >> this is not a complicated concept. >> he's standing strong. and that's making it even harder for an already divided gop to regroup. take exhibit a. earlier today, tagg romney's name was floated as a possible gop senate candidate in massachusetts. he's since bowed out. guess he saw what happened to the last romney. . >>> and then there's this. gop donors are turning to karl rove to help weed out far right candidates in upcoming races. really? isn't he the guy who blew $300 million in the last election? whose super pac had a 1% success rate? yeah, that guy. and, boy is the tea party upset. freedom works slammed rove's group saying the empire is striking back. calling him orwellian. it's full-on gop warfare. it's gop civil war. joining me now is michael steele and dana millbank. thank you both for coming on the show tonight. >> good to see you, rev. >> michael, karl rove to save the party from the tea party, do you buy it? >> no, i don'
number. we're warning, does it necessarily mean that the market has been wrong about the economy? or was it the one off and was it, you know, some special factors that caused that shrinkage and does it get revised back up and subsequent reports? i've heard a lot of places. this is the best negative gdp report. >> well, if you're going to have to pick a negative one, this would be it. >> but there was a lot of good stuff. >> it doesn't startle the market at all when it came out. >> i don't know whether they're whistling past the grape yard -- the mark was over a contraction, but not negative. >> they were looking for growth of 1%. >> so it was expected to be -- to go down. no one thought it would be negative. but if you're looking for 1% and you minus a tenth -- >> it's off by one. >> you think it's going to hit the unemployment rate? there's a big debate. >> i have no idea. >> i it probably won't this time around -- >> plus one or zero is not a big difference. the reality is you need 3% gdp growth. >> that's assuming that he needs an introduction. >> you're right, he doesn't. thi
of immigrants, 80% at least are low education, low skilled, we're a post industrial economy, not clear what the new economy is, we are not an steel economy more an -- we're not an industrial economy more an agricultural one. no one has provided the answer to that. >> one heck of a quandry. >> before i let you go, marko rubio, one of the biggest names of the republican pushing for this, this is a win-win for president to your point but it seems like a lose-lose for g.o.p., can he come out smelling like a rose. >> of course senator rubio is thinking about his position went the party, he is trying to strike some middle ground against anti-immigration absolutists on one side, and business community on the other. it seems that this comes to border enforcement, if rubio can convince republican primary voter ease is for border enforcement first, he comes out well. >> the president will come out well, and the rest of us will have one big tab, what the heck, put it with the rest of them, thank you, tucker. >> is there a new sheriff in town. >> >> a calling in to sheriff, nobody messes with joe. >> t
't come back in. dealing with that is a critical component. >> that's a part of it. this economy cannot function without people to do the jobs americans won't do. >> quickly, with that said, we would be fooling ourselves this morning if we didn't look at this immigration debate and understand there might not be a tinge of the gun debate involved where you have people in new york and people in washington and people at the networks and national newspapers all supporting this and even a lot of the leaders inside washington d.c. where the rest of america is a bit more wary and skeptical. if you don't believe that, go to the conservative websites, the national review, go to several others. the "wall street journal" says it is a promising framework and i think it is. there are a lot of conservative outlets that have yet to weigh in on this aggressively. they will start that now. the phone calls will start the congressional offices and just like the gun debate, you will have people energized who want this bill killed and congress will get 10-1 calls against this immigration bill and they have
say the says holding back the economy, the federal reserve is holding back the economy. >> steve liesman will be along at 7:30 eastern. i don't think he would buy into that. we will be here with the release of cnbc's exclusive fed survey. and from the better late than never file, the senate has approved the long delayed $50.5 billion aid package for the vikt manies of superstorm sandy. the approval comes three months after the storm ravaged the east coast destroying thousands of homes and is business in new york and connecticut and new jersey. nine republicans joined democrats in voting yes on the measure. now president obama must sign it into law, which he is expected to do. senate leaders held up the aid and for wrangling' over the new rules, filibusters and some pork in there and all kinds of stuff. andrew asked me today -- i love this. is it okay to wear a jacket? it's fine to wear a jacket when you want to because of -- he goes, look, this shirt needs a jacket. that begs the question, where do you wear a shirt that needs a jacket to cover it up? >> because it's a different l
new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ music ] >> broadcasting across the nation, on your radio and on current tv. this is the bill press show. >> good morning, everyone. this is richard fowler stilling in for bill press on this fine friday morning. the start-off was going to be a grand super bowl weekend. i am pretty sure baltimore is anticipating what could be a win for them this weekend. but in other news i am here filling in for bill, and i am joined by bill's wonderful team who always makes me so welcome. i feel like i am home. >> richard welcome. >> we have peter there. >> there, man. >> dan, phil and cyprian working the cameras and phil getting those calls for us. listen, guys, i have got to tell you, there is a lot of stuff happeni
. there are questions whether it cause as drag on the economy. it is inching closer to that. a big jump by a dollar up to $97.46. a little higher in after-hours trading that is how it settled today. we'll have to keep a close eye on oil. we have a trader who says this is nothing. we're about to go oil rally that will see all-time highs. he is coming up later this hour. liz: higher crude push helped energy etfs hit new 52-week highs. erx, makes a three times bullish bet on oil. we flip it over to the iye. this is up 5%. this is up with one and change. 1 1/2%. top holdings include exxonmobil, chevron and schlumberger. dynamic energy exploration etf. pxe. top holdings, hess, valero and marathon oil. looking good. david: we're awaiting into us from amazon. they're about to report. we'll have the numbers, full analysis as soon as the numbers are released. brace yourself. we have a leading analyst who says this year oil could rise to record levels, forget about that jump back in 2008. he says we haven't seen the numbers coming up for 150 years. find out why. liz: okay. corning's gorilla glass, we've shown i
&d, infrastructure, the sort of things that will grow this economy, the sort of things that are investments in the future that help us grow economically right now. can't we do both, christie? >> i think we have to do both. i think it's certainly what john podesta and the center for american progress have argued for from the beginning, which is a balance add approach. and your point, joe, which is that there's a difference between investment and expense. and those of us who believe government has a critical role to play have to be for smart government. and i think that this election may be something of a turning point in that instead of arguing about whether there is a role for government and whether government is the problem, we now see whether it's around an issue like immigration or whether it's around the fiscal issues, the necessity of looking to government for leadership in terms of what will actually create a fair playing field, and that's about tax reform. that's about a balance between growth-oriented policies and appropriate spending cuts. >> joe? >> you know, there are things, jon
to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready o with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ but, dad, you've got... [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid. [ voice of dennis ] indeed. are you in good hands? has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >>> at the top of the show, we asked you the nonmusical question, why are you awake? i've got one right here somebody tweeted in. lori, very close watcher of the cut-aways on the program, she tweets,@steverattner working diligently on his charts. unfortun
are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [♪ theme music ♪] >> announcer: broadcasting across the nation, on your radio, and on current tv this is the "bill press show" >> bill: president obama now approval rating of 60%. good morning, everybody, great to see you today it is thursday. thursday january 31st. this is the "full court press" how about it? we're coming to you live all across this great land of ours from our studio here on capitol hill, our little radio factory, tv factory book factory, right in the shadow of the capitol dome so we know what is going on here, around the country and around the globe. we'll bring you up to date and give you a chance to sound out about it. you can do so by giving us a
to talk about and others say, yes, it is a milestone after the economy pretty much fell to pieces. now this is a sign that things are finally come canning back. remember this, march 1999. the height of the dotcom boom. the dow hit 9,000 for the first time. >> it was a big deal when we hit 10,000. we handed out hats. >> fast forward to 2006, the height of the housing boom, dow 12,000. but we wouldn't see that threshold for a long time. the housing market was crumbling and recession was lurking. now, five years later, we are back. and the returns, staggering. bank stocked buoyed by cheap interest rates are back and the rally is driven by you, the individual investor. you've plowed $16 billion into the market in the last three weeks. the economy seems healthier but perhaps the biggest driver is the federal reserve. >> it goes right back to the fed stimulus. they are pumping the system with so much money and keeping rates artificially low that sabers and they force this trade into risk assets. >> that means stocks. the fed is pumping $85 billion a month into the economy by buying long-term
and economy. on the right, it's now complete orthodoxy that do-gooder liberals, especially former representative barney frank, somehow caused the financial disaster by forcing helpless bankers to lend to those people." and they're all so threatening to filibuster the appointment of cordray. they just won't let this newbaunew bureau do its job. they don't want it around. >> this is one that we have to agree with krugman. he's right. the fact is that out of all -- without relitigating how we got into the financial crisis and all the rest of it, the fact is that a lot of bad stuff happened. they set up a consumer financial protection agency in order to protect consumers just the way we have various other agencies that protect consumers from other things. and it was passed in a law. and now the republicans are basically saying we're not going to confirm anybody. and i don't think that's sort of playing fair. >> i saw a piece the other day that talked about -- a conference i think that you were at in washington where bill kristol talked about you've got people looking back at how the r
economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ >> john: welcome back to "viewpoint." i'm john fugelsang. it's time now for the thing of the day. and tonight's thing is the photo of the day. as we showed earlier. gabby giffords presented a few stirring words before the senate judiciary committee. her testimony was simple and heartfelt, and seen here is a photo of her handwritten ♪ for this speech. towards the end of her comments giffords said be bold, be courageous. she showed that, and she's the personification of both of these ideals. according to the u.s.-arab league envoy to syria the crisis in the country has reached unprecedented levels of horror. this as yesterday the bodies of 70 men were found in the city of aleppo, as seen here in the graphic image displayed by a numerous
department will release its first jobs report of the year, which is expected to show the economy largely unchanged from the last month of 2012. unemployment rate still at 7.8%. >> and we're going to hear -- the president's jobs council. >> exactly. >> will weigh in. >> i was just getting to that. >> this report is critical. >> okay. >> you need a jobs council. >> fine. they're getting rid of it. >> a lot of times i'm critical of this administration, but i think -- i think putting together jobs, willie, what did i say? this jobs council thing. he's got it right. this is going to be big. >> they're all going to be on, too, today. in their robes, they're going to come on and break down the numbers. >> i love it. >> new collaborations with businesses are going to be announced soon. >> the jobs council is? >> no, that's going away. they're getting rid of it. >> what? >> they wear helmets, the job council. >> stop it. >> you mean the guys on the jobs council have lost their jobs? >> yeah. >> this has not turned out how i expected. oh, my lord! >> all right. >> what else we got going? bradley's
sensitive to the economy, those are areas where investors are pushing a lot of money because they're worried overall about the pace of economic growth but they think there's something happening here in the economy, slow healing that will help corporate profits. the dow and s&p 500, they are a gauge, a temperature, if you will, of how companies are doing, not necessarily how you are doing. so why are they so close to this high again? the fed has been stimulating the company for months. actually years now. corporate profits are still holding in their, companies are making more money. not necessarily with hiring, but they are making more money and that benefits shareholders. doesn't benefit employees, but it benefits hair shoulders. so that's what you are when you own stocks. and that healing economy is something we're seeing piece after piece of data show us. we'll get a lot more this week. people feel better about housing. putting money into stocks again because the value of your biggest asset is rising. in november, year over year, home prices rose 5.5%. i haven't been able to say that for y
to enter the country but only when the economy is good and the details on how it would exactly go about that are still a bit fuzzy. it would call for a mandatory system to check whether employees are authorized to work in the united states. something like this already exists but it's not widely used. president obama plans on praising all of those proposals today. but he wills go a step further. now, what he's looking for is a more straightforward path to citizenship and what i mentioned earlier with the senate's plan, theirs would be more of a probationary method. today's announcement is the kickoff for the administration's push on immigration reform. we're back after the break. stay with us. i want the people who watch our show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. i want this show to have an impact beyond just informing. an impact that gets people to take action themselves.
to sort that out. but i'll -- >> i think the economy deserves your judgment as to whether you were right or wrong about the surge. >> i'll explain why i made those comments -- >> i want to know if you were right or wrong. that's a direct question. i expect a direct answer. >> the surge assisted in the objective. but if we review the record a little bit -- >> will you please answer the question? were you correct or incorrect when you said that the surge would be "the most dangerous foreign policy blunder in this country since vietnam"? were you correct or incorrect? yes or no? >> my reference to the surge -- >> are you answering the question, senator hagel? the question is were you right or wrong? that's a pretty straightforward question. >> well -- >> i would like the answer whether you were right or wrong, and then you are free to elaborate. >> well, i'm not going to give you a yes or no answer on a lot of things. >> well, let the record show you refused to answer that question. now please go ahead. >> well, if you would like me to explain why -- >> i actually would like an answer. yes
to advance pro-growth reforms good for the economy. there are immigration things that are good for the economy. >> immigration was the first policy he talked about when he talked about pro-growth reforms. some workers, who are typically recovering, the best way to help them is with better training, better generous income tax credit, that is easier to provide in a growing economy with younger workers than in a sluggish one with budget deficits. immigration is not what hurts them, and it is not standing in the way of aiding them. in 2007, the congressional budget office found that legalizing undocumented immigrants would increase revenue by $48 billion, while costing only $3 billion increased public services. and that is before you get into the broader economic benefits. there are very few free lunches in public policy. usually it is a realm of hard choices, but taking advantage of our unique position as the country with the world's best and brightest, desperately a way to go? that is surely correct. >>> the pain of mccain. let's play "hardball." ♪ >>> i'm chris matthews in was
:45. great news on the economy is sending stocks to highs we've not seen in six years. ktvu's pam cook is in the newsroom now with the exciting news on wall street. good morning, pam. >> good morning. two good reports are getting credit for taking the dow up to new heights right from the opening today. british opening -- [opening bell] >> the dow has pulled back a little bit. but that's typical. the index will test a new level for a bit until investors and economists weigh in whether or not the momentum will continue. in the past week, the s&p 500 has been testing the 1500 mark, both seen as very good, positive signs on the economy. helping drive the numbers, this morning's jobs report indicates that the jobs market is recovering. slowly but recover. there's another good report on manufacturing that shows growth in the u.s. as well. now, the unimemployment rate did inch up -- unemployment rate did much up but analysts say that could be because more people are starting to look for work. so they are counted in those numbers again. >>> let's take a live look at the big board right now to
is washed out or disabled, the local economies are deaf stated by that. that's just, it can't happen any more. >> reporter: that's what it takes to take the devil out of devil's slide. tom vacar, ktvu channel 2 news. >> san francisco base path has agreed to pay almost a million dollars. the social networking application will pay $800,000 for allegedly collecting personal information from children without their parents consent. as part of the ftc settlement, path will launch a new privacy program and will get independent privacy assessments. >> apple is now the top maker of mobile phones in the united states overtaking samsung. research firm found apple shipped an estimated 17.7 million phones in the fourth quarter. that is a record 34% of market share. but averaged out for all of 2012 samsung is still number one. >> a chemical commonly found in plastic bottles may soon be added to california's list of harmful chemicals. a division of the states ago agency intends to add bpa to that list. if that does happen, manufacturers would be tried to place warning labels on products that contain ha
amendmenting down as an organized society. >> john: clearly egypt's number one economy is tourism. >> the problem that we have you are is our influence is limited in a situation like this. there isn't all that that we can do. nonetheless, the international community led by the united states provides an extraordinary amount of financial and support of egypt. we need to urge both sides to sit down and stop this violence which is tearing the country apart. this is america's job. this is what we've been doing since the end of world war ii. we need to do it far more actively in the middle east. this is one big problem that manifested itself be it in is syria or egypt and it's only going to get worse. >> john: thank you for joining us this evening. these stories are not going away, we hope you'll join us again. >> thank you. >> john: jim nabors has married his long-time partner. that's next. >> john: warm congratulations to singer actor jim nabors. the star of the andy griffith show and gomer pyle just married his long time partner of 38 years in seattle. jim is 82, but we still wish hi
that filters through the entire economic system. this is important to the economy well. >> john: joe, isn't sam right? isn't this the time when the president needs to use the bully pulpit and call these guys out in public and say these are the schill baby schill that ripped you off. >> to borrow a phrase, one crisis at a time. you currently have the president using the bully pulpit to get something done on gun legislation. priority one that's where he is right now. when this consumer protection bureaucracy comes down the brock, i block, i think you'll see a campaign people who have been able to remaining their mortgages. thethe conthe consumer protection bureau has been very popular. there have been events in districts mob scenes, people waiting around the block overthrow room, this is a very popular entity. i think you'll see the president get up and take advantage of that popularity when this crisis needs to be dealt with. >> sam, karl rove, the best part of election night was knowing that the koch brothers woke up the next morning and realized that karl rove redistributed their wealth. there
's so relatively toxic to an economy. if everyone gets behind it, democrats and republicans, it could be helpful. the big issue coming up now is keystone. we have talked a lot about the keystone popipeline. >> that's that's up for review. keystone, alone. one pipeline. it's not going to, you know, make or break the world's climate, but it does put a stop to the u.s. importing of, you know dirty energy gotten from tar sands up in calendar. it's one of those moves that would send a clear message. >> one more decision we are going to continue down the fossil fuel road. >> uh-huh. >> rather than move to a new economy. daniel stone is a reporter for the national gee xwrafk. he is more than that. he sort of embodies the national gee gravelling spirit here on the full court press. this is one of the biggest challenges facing this country, facing the planet. no doubt about it. 866-55-press. let's talk about it on the bill press show. >> this is "the bill press show.." alright, in 15 minutes we're going to do the young turks. i think the number on
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